SEC Chair Wants Activist Fights to Be Nicer
M&A lawyers and bankers want to know what the SEC is going to do about various activist fights. Chairwoman White's speech offers a few clues.
Levine: BNY Mellon's Best FX Execution Was Pretty Bad
The modus operandi of the bank's foreign exchange trading program was "we give you the worst price of the day and pocket the difference," Bloomberg's Matt Levine writes.
White House Is Not Fond of Hidden Retirement Fees
The Obama administration says "conflicted investment advice" costs Americans $17 billion a year. Let's look at their math.
Bank of America Mixed Serious Banking and Fun Swaps
There is a widespread belief that banks shouldn't be using insured deposits to fund the creepy activities of their bond-trader and investment-banker colleagues.
S&P Got a Little Casual With Its Mortgage Ratings
Here's a story the SEC tells about Standard & Poor's 2010 holiday party that ends in $67 million in fines for S&P.
UBS's Dark Pool Was Shady
This was a big week for the SEC, including levying a $14.4 million fine against UBS Securities for doing bad stuff in its dark pool.
'Hide Not Slide' Orders Were Slippery and Hidden
What's behind the $14 million fine imposed by the SEC on Direct Edge's 'Hide Not Slide' order types.
SEC Wants Exchange-Traded Funds to Be Easy to Trade
An efficient-markets-fundamentalism model of the SEC is actually pretty good for predicting what the SEC will do. Except about insider trading, I guess.
AIG Shareholders Still Want a Nicer Bailout
Why would anyone call Paulson, Geithner and Bernanke to testify on Delaware’s corporate governance standards for reverse stock splits? There's something else going on here.
Wells Fargo Research Analyst Told Trader What Stocks to Buy
Ex-Wells Fargo analyst Bolan and trader Ruggieri benefited so little from their alleged insider trading, it's hard to tell if they broke laws intentionally.